Tuesday 5 June 2018

Opinion Polls, By-Election Results To Keep Markets On Edge Till 2019

Posted by suhani varma on Tuesday, June 05, 2018 with No comments


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Harshad Patwardhan, CIO Equity at Edelweiss Mutual Fund, feels it is safe to assume that there will be enough twists and turns over the next 12 months to keep market participants nervous. “Each opinion poll and every by-election result will be analysed endlessly to understand implications for 2019 elections.As things stand today, it is prudent to assume that the outcome of 2019 elections is not given. It is safe to assume there will be enough twists and turns over the next 12 months to keep market participants nervous. Each opinion poll and every by-election result will be analysed endlessly to understand implications for 2019 elections. The current government took several important structural steps over the last four years that will make the Indian economy stronger over the medium to long-term. I will, therefore, rate its performance at 5.

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